The trading industry is gradually moving into Amazon Web Services for its flexibility, agility, and reliability. The cloud-computing platform is able to decrease the FlexNOW’s onboarding time for clients and brokers, and facilitates FlexTrade «s product team to easily test new ideas, such as STP APIs, mobile access and improved analytics.

“We chose AWS because it allows us to focus our time on making sure FlexNOW meets our client’s needs rather than building and maintaining infrastructure. With FlexNOW deployed in AWS, our clients benefit from increased flexibility, reduced lead-time for new features, and industry-leading security and reliability.”

On the AWS cloud, FlexNOW can provision new instances in any region in the world in less than a day and offer better reliability and uptime than most private data centers.

Lee Sherling, FlexNOW Sales Director, commented:

“Cloud-based technology is the future for trading systems and we are delighted to be the first Execution Management System to be hosted in AWS, the market leader in cloud-computing. AWS provides the basis for FlexNOW to be scalable and secure, with same-day deployment in any region and enables our clients to trade more effectively using the application or API.”

FlexNOW is a unique broker-neutral EMS which addresses the needs of hedge funds and mini-primes who require streamlined, multi-asset trading system at the convenience of a single click at their system. The offering, which was officially launched in April 2018 is available across the globe.

Most recently, FlexTrade sought to bolster its operations to gain greater visibility and analysis of client and infrastructure performance by employing Corvil Analytics.

In July 2018, the firm integrated SmartStream’s RDU with FlexTRADER Execution Management System (EMS) to allow mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) Registry information directly into the send order ticket. providing the much-needed clarity on counterparty SI status.

FlexTrade Systems announced the integration of real-time interoperability platform ipushpull (iPP) with its FlexNOW execution management system so that users can leverage IPP’s live data sharing and workflow automation.

FlexNow is a MiFID II-compliant broker-neutral execution management system that connects to market data providers and integrates with any order management system (OMS) via FIX and API. Designed for hedge funds and mini-primes who require a streamlined, multi-asset trading system at the click of a button, the solution also comes with a built-in transaction cost analysis functionality.

The multi-asset execution and order management systems provider chose “ipushpull because they are the leader in automatically connecting grids of data across any connected application in the cloud”, according to Rhyd Lewis, product manager at FlexTrade.

“ipushpull’s partnership with FlexNOW provides a seamless, efficient workflow. We are delighted to be part of FlexNOW and look forward to providing our data sharing and workflow automation to push access-controlled data to their clients in the quickest and most cost-effective way.”

iPP can be used on a number of applications, including MS Excel, Symphony, OpenFin, ChartIQ, and databases, to provide secure and compliant messaging directly into FlexNOW’s trading blotter. Its analytics module improves data analysis, including tracking client behavior and activity as well as the ability to create specific alerts on that matter.

FlexNow was officially launched in April 2018, as a unique broker-neutral EMS. At pre-launch, the system was already being used by over 200 clients in Europe, the Middle East, and Africa. Albar Capital, PSG Capital, and Wesleyan Assurance Society were some of the first users.

The company has recently integrated the SmartStream Reference Data Utility (RDU) with FlexTRADER Execution Management System (EMS) in order to allow mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) Registry information directly into the send order ticket for MiFID II purposes.

FlexTrade, a leader in broker-neutral and provider of multi-asset execution and order management systems has announced the official release of FlexNOW. The latest offering is unique broker-neutral EMS, which addresses the needs of hedge funds and mini-primes who require streamlined, multi-asset trading system at the convenience of a single click at their system.

The execution management system offers features like:

Multi-Asset, MiFID II Compliant Trading: The system ensures compliance with MiFID II regulations in all market segments including equities, futures and options while providing connectivity to leading market data providers. It also integrates with any order management system (OMS) via FIX and API and in-built transaction cost analysis functionalities.

Easy Installation: The system has a minimum turnaround time of installation process which helps to get clients up in a matter of time.

The system is currently available in Europe, the Middle East and Africa has already brought in more than 200 clients such as Albar Capital, PSG Capital and Wesleyan Assurance Society. According to the company officials, it will increase its reach across other parts of the globe in coming months and will be announced in coming months.

Rhyd Lewis, FlexNOW Product Manager said: “By combining the one-click installation process with secure, online connectivity, we have greatly reduced the on-boarding lead time for customers. We developed FlexNOW based on FlexTrade’s industry experience and the feedback of our clients and prospects,” continued Lewis. “It’s this user research that helps us provide fresh updates to the platform to keep the trading workflows as effective as possible.”

FlexTrade’s latest offering has already received positive feedback from some the leading market participants.

“FlexTrade is doing a great job for us,” said Michael Perry, COO of Albar Capital. “Their collaborative approach and fast response time means that we regularly see the benefits of our feedback incorporated in a same-day platform update.”

“We chose FlexNOW based on FlexTrade’s proven track record in the trading technology space, the easy installation process, and because of the platform’s access to a wide array of market data providers. Overall, we find FlexNOW to be an easy-to-use EMS that allows us to focus on trading and best execution,” said Lucas Howarth, Fund Manager at Wesleyan.

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